c. The Bill seeks to repeal s34 of the Income Tax Act (ITA), which was a copy of the Third Schedule — providing rates of tax — other than relating to the transfer of interest in a person which will be guided by the Ninth Schedule. Digital marketplace The Bill seeks to amend ...
In this regard, the enactment of Data Protection Act 2019 was a step in the right direction with regard to data privacy. As outlined in the amendment under the Tax Procedures Act, while the effective date for the CRS provisions was 1 July 2021, the Act requires the Cabinet Secretary f...
For instance, the DST Regulations expanded the scope of DST to include non-digital marketplace services that were not anchored in the provisions of the Income Tax Act. Subsequently, the government has moved to introduce additional legislative provisions aimed at sanitising the...
Many fiscal policies designed to provide financial reliefs focused on those with a steady income, leaving out all of those in the informal sector (which comprises 85% of the urban population). These exclusionary policies included tax relief for low-income individuals, relief funds, suspension of l...
In Kenya, the biggest change in its finance act was the decision to expand the tax base with the introduction of digital taxes. The country is also making digital market services subject to VAT. According to thefinance act: “Income from a digital marketplace includes income accrued in or de...
The ubiquity of new media technologies in many parts of Africa today and the celebratory narratives with which their adoption is routinely discussed in the continent often firmly silence some important questions. Among these is new media technologies' inherent capacity to also exclude, neuter or ...
Posted onJuly 30, 2019 Reply Low-income states struggle to collect taxes. And with low fiscal capacity comes the inability to spend any money on vital public goods and services. Take Nigeria, Africa’s biggest economy. The country struggles to collect income tax, and heavily relies on revenues...
Under the Employment Act and the Industrial Court Act,no other tribunal other than the Industrial Court has jurisdiction to hear labour disputes. (B) Tax and social security Under the Income Tax Act,employment income is taxed on a graduated scale,based on levels of remuneration with the lowest...
4 of the year 2004 on energy as well as the act of 2006 on Energy Act. Kenyan Constitution was also promulgated in August 2010 and it encourages the security and freedom in the sector of energy in order to ensure generation and protection of the environment. There is simplification of ...
(2019) National Feasibility Study: LPG for Clean Cooking in Kenya. Global LPG Partnership, New York (2019) The Petroleum Act, No. 2 of 2019. The Republic of Kenya. http://kenyalaw.org/kl/fileadmin/pdfdownloads/Acts/2019/PetroleumAct_No._2of2019.pdf. Accessed 30 Jul 2021 Kamau M (20...